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CS2 skins lost $3 Billion market value

The skins marketplace was at $6B right before the CS update was announced. It then crashed to $3B, and a large number of sellers have exited the market completely because of this.

The game update changed the difficulty for certain skins...
https://store.steampowered.com/news/app/...?l=english


Quote:players can trade in five StatTrak Covert items – which while rare, do not typically run into the crazy money some high value skins do – and in exchange receive a StatTrak Knife, which were some of the most expensive items available. You can then also trade in five regular Covert items, which again are not typically super high end, and receive a regular Knife item or a regular Gloves item, which typically have carried higher prices.

This is now a guaranteed way to secure some of the rarer cosmetic items in Counter-Strike 2, something that has not really been possible before, and as a result a lot of players have taken Valve up on the offer. This has obviously had a major impact on the prices of a lot of items, and the overall market.



Here's an article about this:

https://www.forbes.com/sites/mikestubbs/...ns-market/

and another:

https://www.tomshardware.com/video-games...ses-market
Inflation basically...
I lost $500 overnight and it hurts.
I can see why others quit.
(Oct 26, 2025 12:29 AM)RangoWorld Wrote:  Inflation basically...

yeah that didn't help obviously, and I know CS has been criticized for encouraging gambling in the past.
Sounds like the perfect storm for losses


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